Growth Metrics

Aterian (ATER) Cost of Revenue (2018 - 2025)

Aterian has reported Cost of Revenue over the past 8 years, most recently at $18.3 million for Q4 2025.

  • Quarterly results put Cost of Revenue at $18.3 million for Q4 2025, down 33.38% from a year ago — trailing twelve months through Dec 2025 was $44.9 million (down 32.17% YoY), and the annual figure for FY2025 was $41.5 million, down 25.95%.
  • Cost of Revenue for Q4 2025 was $18.3 million at Aterian, up from $8.4 million in the prior quarter.
  • Over the last five years, Cost of Revenue for ATER hit a ceiling of $40.0 million in Q4 2022 and a floor of $5.9 million in Q1 2025.
  • Median Cost of Revenue over the past 5 years was $20.6 million (2023), compared with a mean of $21.8 million.
  • Biggest five-year swings in Cost of Revenue: crashed 59.91% in 2023 and later surged 70.95% in 2024.
  • Aterian's Cost of Revenue stood at $35.9 million in 2021, then grew by 11.46% to $40.0 million in 2022, then crashed by 59.91% to $16.0 million in 2023, then surged by 70.95% to $27.4 million in 2024, then tumbled by 33.38% to $18.3 million in 2025.
  • The last three reported values for Cost of Revenue were $18.3 million (Q4 2025), $8.4 million (Q3 2025), and $12.4 million (Q2 2025) per Business Quant data.